ETF Evaluator:
Goldman Sachs MktBt Russell LgCpGrEqETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Large Growth Over the Last Year
| 58.0% | ProShares Nasdaq-100 Drsy Wght Momt ETF (QQQA) |
| 49.0% | F/m Emerald Special Situations ETF (SPIT) |
| 45.1% | Grizzle Growth ETF (DARP) |
| 41.9% | MarketDesk Focused U.S. Momentum ETF (FMTM) |
| 34.1% | US Vegan Climate ETF (VEGN) |
Risk
Index
Risk
Index
ETF Details
Goldman Sachs MktBt Russell LgCpGrEqETF Overview
Goldman Sachs MktBt Russell LgCpGrEqETF (GGUS) is a passively managed U.S. Equity Large Growth exchange-traded fund (ETF). Goldman Sachs launched the ETF in 2023.
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Growth 40 Act Daily Capped Index.
The fund seeks to achieve its investment objective by investing at least 80% of its assets in equity securities included in its underlying index, in depositary receipts representing equity securities included in its underlying index, and in underlying stocks in lieu of depositary receipts included in its underlying index. The index is designed to measure the performance of the large- and mid-capitalization growth segment of U.S. equity issuers, with a capping methodology.
About Goldman Sachs MktBt Russell LgCpGrEqETF (GGUS)
There are 2 members of the management team with an average tenure of 2.48 years: Gauri Sekaria (2024) and Raj Garigipati (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Russell 1000 Grwth40Act Daily Cap TR USD index with a weighting of 100%. Goldman Sachs MktBt Russell LgCpGrEqETF has 362 securities in its portfolio. The top 10 holdings constitute 49.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Goldman Sachs MktBt Russell LgCpGrEqETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Goldman Sachs MktBt Russell LgCpGrEqETF has 0.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.4% There is 0.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs MktBt Russell LgCpGrEqETF has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $430 million in total assets, which is below the $8 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GGUS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Goldman Sachs MktBt Russell LgCpGrEqETF expense ratio is low compared to funds in the Large Growth category. Goldman Sachs MktBt Russell LgCpGrEqETF has an expense ratio of 0.12%, which is 76% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Goldman Sachs MktBt Russell LgCpGrEqETF has a portfolio turnover rate of 45%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of July 2026, Goldman Sachs MktBt Russell LgCpGrEqETF returned -5.8%, which earned it a grade of D, as the Large Growth category had an average return of -3.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Goldman Sachs MktBt Russell LgCpGrEqETF has a trailing yield of 0.43%, which is below the 0.53% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Goldman Sachs MktBt Russell LgCpGrEqETF Grades
Year to date, the ETF has returned 1.3%, 4.9 percentage points worse than the category, which translates into a grade of D. The fund has returned 7.8% over the past year (grade of D).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Goldman Sachs MktBt Russell LgCpGrEqETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
GGUS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GGUS Return (NAV) | -5.8% | 0.4% | 7.8% | na | na | na |
| GGUS Return (Price) | -5.8% | 0.3% | 7.9% | na | na | na |
| NAV +/- Price Return | -0.031% | 0.033% | -0.107% | na | na | na |
| Large Growth Avg | -3.8% | 2.7% | 13.0% | 19.6% | 9.9% | 15.8% |
| GGUS Grade (NAV) | D | D | D | na | na | na |
| +/- Category (NAV) | -2.0% | -2.3% | -5.2% | na | na | na |
| GGUS Tax-Cost Ratio | na | na | 0.2% | na | na | na |
GGUS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GGUS Return (NAV) | 1.3% | 17.2% | 30.9% | na | na | na | na | na | na | na | na |
| GGUS Return (Price) | 1.3% | 17.3% | 30.9% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.012% | 0.007% | -0.002% | na | na | na | na | na | na | na | na |
| Large Growth Avg | 6.2% | 16.9% | 30.5% | 38.6% | -30.7% | 21.6% | 37.2% | 33.0% | -2.1% | 28.4% | 5.0% |
| GGUS Grade (NAV) | D | C | C | na | na | na | na | na | na | na | na |
| +/- Category | -4.9% | 0.3% | 0.5% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 431 Mil |
| Share Class Assets: | $ 431 Mil |
| Turnover: | 45.0% |
| Expense Ratio: | 0.12% |
| Index Fund: | Yes |
| Index Tracked: | Russell 1000 TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.7 years | |||
| Average Tenure: 2.5 years | |||
| Managers (Year): Garigipati Raj (2023), Sekaria Gauri (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 362 |
| % in Top 10 Holdings: | 49.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.3% |
Portfolio Allocation |
|
| Domestic Stock: | 99.4% |
| Foreign Stock: | 0.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Goldman Sachs |
| Phone Number: | 800-621-2550 |
| Website: | am.gs.com |
| Inception Date: | November 28, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.12% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.49% |
